Question
At midyear, on July 31, the Digby Corporation balance sheet reported: Total assets of $205.498 million Total common stock of $6.350 million Cash of $10.050
At midyear, on July 31, the Digby Corporation balance sheet reported:
Total assets of $205.498 million
Total common stock of $6.350 million
Cash of $10.050 million
Retained earnings of $44.117 million.
What were the total liabilities of Digby Corporation?
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th edition
130565353X, 978-1305887510, 1305887514, 978-1305653535
